
John Kim Financial secured a $1.2M loan for our existing small business client from Kentucky. We had funded this client when it acquired its first liquor store nearby Eastern Kentucky University in Lexington, Kentucky in late 2014. little over 1 year later, our client had an opportunity to acquire the second store nearby the first location.
My client wanted to spend only 10% of a total project cost for the purchase and closing cost. But a half of the project money had to be used for business good-will and liquor inventory purchase.
We funded almost 90% of the total project cost for the 2nd acquisition, and this client could reserve a cash money for its third acquisition this year.
For any inquiry, feel free to email to johnkimfinancial@gmail.com
